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Banker poached from Citigroup
Former investment banker has been CFO of Verbund
◆ Fast money reverses out of SSA bond market ◆ CLO managers face risky ramp startegy ◆ Corporate hybrid bond market runs hot despite volatility
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  • The head of credit for Axis Bank in Hong Kong has resigned and will be joining financial services firm Cantor Fitzgerald in October, sources told GlobalCapital Asia.
  • Sustainability is a term used liberally and vaguely in the financial world. But it has a precise meaning: living so that we do not make it harder for future generations to live. That principle is violated by today’s economy, including its financial markets. But little by little, the heart of markets — the decisions investors make — is facing up to what it has long repressed. Jon Hay reports.
  • The enthusiasm in China for a greener economy — and green financing techniques — now embraces the far-reaching Belt and Road Initiative. Meanwhile, foreign investors are being invited into China’s bond market. But as Noah Sin reports, to unite Chinese and international green finance markets, China will have to close the gap between two views of what is green.
  • Macquarie Capital has appointed Justin Ocampo as a managing director and the head of its Philippines office.
  • Dubai healthcare group Aster DM Healthcare has signed a $295m facility with banks from the UAE and India despite its expansion plans in scandal-hit Qatar casting some concerns over the syndication.
  • Bids came due this week on two leveraged loan portfolios totalling €365m and leveraged finance bankers said that the secondary market managed to absorb the sales without any wobbles.